Kelly-Moore Paints and Miller Paint Form Strategic Alliance in Puget Sound Market
PORTLAND, Ore. – April 24, 2012 – Miller Paint Co., Inc. has entered into a strategic agreement with Kelly-Moore Paint Company, Inc. to acquire the business operations and selected assets of ten Kelly-Moore Paints stores located in the Puget Sound area. Miller will maintain and operate nine locations, while a tenth Kelly-Moore store in Kent, Wash., will be closed and consolidated into Miller Paint’s Kent store. Between now and the transaction close date, scheduled for April 30, 2012, Kelly-Moore and Miller will work together to transition the Kelly-Moore store operations, employees and professional outside sales teams over to Miller Paint. Maintaining the high level of customer service that is the hallmark of both Miller Paint and Kelly-Moore in the Pacific Northwest is at the forefront of this seamless transition. On April 30, ownership of the business at the nine Kelly-Moore stores will transfer to Miller Paint, with no other changes to the store’s operations initially planned.
The new strategic alliance was established to maintain the nine Kelly-Moore stores and expand the exclusive distribution of Kelly-Moore’s architectural paint products in the region through Miller Paint’s current eight store locations. Miller Paint has committed to maintaining and eventually expanding the distribution of the full line of Kelly-Moore products throughout Oregon, Washington and Northern Idaho, where Miller currently operates 40 stores.
About Miller Paint Company
Miller Paint Co., Inc. is a 100% employee-owned company that has been manufacturing and selling the highest quality paint and coatings products in the Pacific Northwest for over 122 years. Their corporate headquarters and manufacturing facility is located at 12812 NE Whitaker Way, Portland, OR. Website: www.millerpaint.com
About Kelly-Moore Paint Company, Inc.
Headquartered in San Carlos, Calif., Kelly-Moore is one of the largest employee-owned paint companies in the United States, where each employee-owner is committed to offering exceptional customer service. When you call or visit a Kelly-Moore store you are speaking with an owner. A leader and innovator of waterborne-coating technology, Kelly-Moore was the first major paint company to offer recycled paints, along with one of the largest selections of stock colors. Kelly-Moore is one of the few companies to continue to offer stock colors for superior color consistency. Trusted and preferred by professionals since 1946 as the “Painter's Paint Store” for its high quality, performance and consistency, Kelly-Moore's paints are safe and easy to use for everyone. The company’s environmentally friendly paint factory in San Carlos, Calif., is the recipient of four widely recognized and among the most stringent environmental awards. Kelly-Moore is dedicated to giving back to the communities it serves. This ethos is reflected in its corporate giving program and its numerous industry-leading green business accolades.
Customer Letter - Kelly-Moore Paints & Miller Paint Alliance, April 24, 2012 (PDF)